Alrosa Finds Giant Gem Quality Pink Diamond MCX:ALRS, $BID Russia’s Alrosa (MCX:ALRS), the world’s #1 diamond producer by output in carats, has unearthed 27.85-carat Pink precious stone the company believes could be the most expensive it has ever found. Alrosa is trying to decide on whether to sell this Pink stone as a rough diamond, or cut […]

The World Diamond Industry 2017 $RIO, $BHO, $NGLOY, $LUCRF, $GMDMF, $BID, $TIF As the diamond industry enters Y 2017, Q-1 demand for rough has been stronger relative to Q-4 2016 and also relative to a year ago. The US is the largest diamond jewelry market in the world representing 45% of global demand. Christmas season Y […]

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales $LCPDF Shares in Australian Lucapa Diamond (ASX:LOM) (OTCMKT:LCPDF) rose Monday after the company announced a record result from the latest sale of diamonds from the Lulo diamond project in Angola. The Africa-focused miner said it has taken $8.3-M after selling 1,864 carats of rough diamonds, which […]

Alrosa Unearths Giant 214.65-carat Diamond $ALRS The 214.65-carat rough Diamond was recovered from the Nyurbinskoye placer deposit. Udachny open-pit mine consists of 2 pipes and it is famous for yielding massive Diamonds. Russia’s Alrosa (MCX:ALRS), the world’s #1 Diamond producer by output in carats, said last week it has recovered a 214.65-carat rough stone from […]